Defusing the debt timebomb: ‘The challenge for the 21st century’
A short history of debt, and how history seems to be repeating.
Month: November 2013
Bank ‘run by the poor for the poor’ set to shake up UK financial sector
Thousands of unemployed people and low-paid workers could be taken off welfare benefits thanks to the proposed launch of a major new bank run by the poor for the poor.
Read MoreBank ‘run by the poor for the poor’ set to shake up UK financial sector
Fracking is not the answer, part 227…
Fracking – or hydraulic fracturing, to give it its full name – is the UK’s hottest ongoing energy battlefield. Protests break out almost everywhere that exploratory drilling is due to
Boris Johnson: ‘Cornflake test proves case for glaring social inequalities’
The ranks of wealthy people who might outwardly seem a bit dim “really aren’t as thick as pig shit” after all, according to London Mayor Boris Johnson in a speech
Read MoreBoris Johnson: ‘Cornflake test proves case for glaring social inequalities’
JPMorgan Cancels Twitter Q&A After an Epic #Fail
Just what were senior executives at JP Morgan Chase, the largest US bank by assets, thinking of when they organised an online Q&A session via Twitter? They were always going
Inefficient energy use hitting competitiveness of UK businesses
UK businesses are missing out on huge economic and environmental efficiency savings because of a lack of awareness, warns a report out today (November 27). Companies appear unaware of existing
Read MoreInefficient energy use hitting competitiveness of UK businesses
Great economic ideas explained, number 1: The trickle-down effect
Usage: Sometimes referred to as trickle-down economics, the concept is used most frequently by Conservative politicians and business leaders to explain why yawning wealth disparities are actually a good thing. The
Read MoreGreat economic ideas explained, number 1: The trickle-down effect
Satirical cartoons are ‘criminal’ and are ‘not an acceptable form of protest’
Police in the East Sussex town of Hastings are threatening criminal charges against a tenant who published satirical cartoons on a website about a rogue landlord. Though the tenant’s allegations
Read MoreSatirical cartoons are ‘criminal’ and are ‘not an acceptable form of protest’
David Cameron launches inquiry into abuse of pure ‘methodism’ by top bankers
Combining pure ‘methodism’ with ‘crackpot banking’ is, indeed, extremely powerful and addictive. But though the quantitative easing medicine makes you feel slightly better at first, its over-use is even more
Read MoreDavid Cameron launches inquiry into abuse of pure ‘methodism’ by top bankers
Let’s ‘get rid of all this green crap’
In a volte face that’s a surprise to virtually no one, it would appear prime minister David ‘Call Me Dave’ Cameron isn’t into all this green stuff after all, if